Tag Archives: De Beers Canada

95-carat diamond found in Canadian mine

May 31, 2018

Mountain Province Diamonds has found a 95-carat white diamond in the Northwest Territories’ Gahcho Kué mine.

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Ontario diamond mine honoured for safe performance

May 11, 2018

Exceptional safety standards have earned De Beers Canada’s Victor Mine two accolades from separate industry organizations.

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New kimberlite pipe enters production at Gahcho Kué

May 3, 2018

De Beers’ Gahcho Kué diamond mine has expanded its resources with the start of mining operations in Hearne Pit, the second of the mine’s three kimberlite pipes.

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Mountain Province/Kennady combination approved by shareholders

April 10, 2018

The proposed merger of Kennady Diamonds and Mountain Province Diamonds has been approved by the vast majority of both companies’ shareholders.

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De Beers Canada funds scholarships for female STEM students

February 27, 2018

De Beers Canada has launched the first four scholarships in a $639,000 initiative to support female students in science, technology, engineering, and mathematics (STEM) programs.

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Canadian mines drive De Beers financial results

February 23, 2018

De Beers Group has released its preliminary financial results for 2017, with a number of changes attributed to developments in its Canadian mines—in particular, Gahcho Kué.

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Staying strong: Projecting a bright future for diamonds

February 22, 2018

They say history repeats itself, and that it’s a fool’s errand to attempt to predict the future, but it is still worth asking: in the diamond industry, where are we and where are we headed?

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Gahcho Kué mine opens

September 20, 2016

The Gahcho Kué mine—one of the 10 largest diamond mines in the world—will formally open today. The mine sits about 280 kilometres northeast of Yellowknife and is only 80 kilometres southeast of De Beer’s recently closed Snap Lake diamond mine.

The mine, which is co-owned by De Beers Canada (51 per cent) and Mountain Province Diamonds (49 per cent), is estimated to provide a $6.7 billion boost to the Canadian economy over its anticipated … Continue reading Gahcho Kué mine opens

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Canada’s Snap Lake diamond mine on the market

August 10, 2016

De Beers is selling its Snap Lake diamond mine. The news was first reported by Reuters, which said De Beers had hired Bank of Montreal to find a suitable buyer.

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Gahcho Kué on track for production later this year

June 20, 2016

Mountain Province Diamonds says production at Gahcho Kué is still scheduled to commence in the third quarter of the year, now that it’s achieved mechanical completion of the primary crusher.

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